NOT LISTED FOR SALE

1361 Marcello Dr San Jose, CA 95131

North Valley Neighborhood

Estimated Value: $1,002,000 - $1,056,379

2 Beds
2.5 Baths
1,519 Sq Ft
$351/mo HOA Fee

Last Sold September 15, 2021

Last sale price $930,000 $612 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $6,882/month

28 Days on Market

Highlights

  • Fitness Center
  • Updated Kitchen
  • Contemporary Architecture
  • Independence High School Rated A-
  • Clubhouse
  • 1-minute walk to Gran Paradiso Park

About This Home

As of September 2021

Stunningly beautiful 2 BR, 2.5 baths condo with designer upgrades throughout. Built by Toll Brothers, this open concept floor plan features a living room with lots of natural light, a dining area, and a large enclosed deck to enjoy the view. Tastefully upgraded kitchen features a breakfast bar, cherrywood cabinets & granite counter-tops. Highly upgraded laminate flooring. Upper floor has huge master bedroom with balcony, 2 walk-in closets and a gorgeous bathroom. Very spacious & light filled 2nd bedroom w/walk in closet & separate bathroom. Home has smart features including a Nest thermostat, smart door lock & wifi enabled smoke detectors. All baths have been updated with bidets. The home includes a long coatroom offering plenty of storage & a 2 car attached garage. Fantastic location with easy access to 880/280/101 and close to Berryessa/Milpitas BART stations, shopping, great restaurants & silicon valley employers. Community offers swimming pool, BBQ areas, gym, clubhouse & park.

Last Agent to Sell the Property

Sonya Shastri

Re/Max Accord License #01397092 Listed on: 07/18/2021

Last Buyer's Agent

Out Of Area Non Member

Bay East Aor

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2007

Lot Details

  • 1,307

HOA Fees

  • $351 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Entry on the 2nd floor
  • Stucco

Interior Spaces

  • 2-Story Property
  • Gas Fireplace
  • Living Room with Fireplace

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Built-In Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 24445119

Community Details

Overview

  • Association fees include common area maintenance, exterior maintenance, management fee, water/sewer
  • 304 Units
  • Association Phone (925) 355-2100

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool
  • Park

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 2007

Lot Details

0

HOA Fees

$351 per month

Parking

2

Listing Details

  • Stories: 2
  • Year Built: 2007
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.03
  • Subdivision Name: Other
  • Directions: Capitol to Lundy to Marcello
  • Architectural Style: Contemporary
  • Building Name: Not Listed
  • Carport Y N: No
  • Entry Level: 2
  • Garage Yn: Yes
  • Unit Levels: Two Story
  • New Construction: No
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Laminate
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave, Oven, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas, Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Storage, Breakfast Bar, Counter - Solid Surface, Pantry, Updated Kitchen
  • Room Kitchen Features: Breakfast Bar, Counter - Solid Surface, Dishwasher, Garbage Disposal, Gas Range/Cooktop, Microwave, Oven Built-in, Pantry, Refrigerator, Updated Kitchen

Exterior Features

  • Lot Features: Level
  • Pool Private: No
  • Construction Type: Stucco
  • Property Condition: Existing

Garage/Parking

  • Garage Spaces: 2
  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Parking Features: Attached, Garage Door Opener

Utilities

  • Heating: Forced Air
  • Cooling: Central Air
  • Laundry Features: Dryer, In Unit, Washer
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: No Solar
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Clubhouse, Fitness Center, Pool, BBQ Area, Park
  • Association Fee: 351
  • Association Fee Frequency: Monthly
  • Association Name: NOT LISTED
  • Phone: 925-355-2100
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Common Area Maint, Exterior Maintenance, Management Fee, Water/Sewer

Lot Info

  • Lot Size Sq Ft: 1226
  • Parcel Number: 24445119
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 304

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2021
Closed on
Sep 8, 2021
Sold by
Shankar Chethan Jayaram
Bought by
Kang Woonhak
Seller's Agent
Sonya Shastri
Re/Max Accord
Buyer's Agent
Out Of Area Non Member
Bay East Aor
List Price
$900,000
Sold Price
$930,000
Premium/Discount to List
$30,000
3.33%
Current Estimated Value
$1,035,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,845
Avg. Annual Appreciation
2.56%
Original Mortgage
$744,000
Outstanding Balance
$675,974
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$359,871

Purchase Details

Closed on
Apr 16, 2020
Sold by
Shankar Chethan Jayaram and Gundmi Ramya
Bought by
Shankar Chethan Jayaram

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$797,000
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 1, 2018
Closed on
Jul 3, 2018
Sold by
Verma Aastha and Ohri Sumit
Bought by
Shankar Chethan Jayaram
Seller's Agent
Monique Nickerson
Fireside Realty
Buyer's Agent
Heena Joshi
Compass
List Price
$888,888
Sold Price
$1,030,000
Premium/Discount to List
$141,112
15.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.08%
Original Mortgage
$824,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 2010
Sold by
Toll Ca Viii Lp
Bought by
Verma Aastha and Ohri Sumit

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.99%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kang Woonhak $930,000 First American Title Company
Shankar Chethan Jayaram -- Wfg Lender Services
Shankar Chethan Jayaram $1,030,000 Chicago Title Co
Verma Aastha -- Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kang Woonhak $744,000
Previous Owner Shankar Chethan Jayaram $797,000
Previous Owner Shankar Chethan Jayaram $824,000
Previous Owner Verma Aastha $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/04/2025 02/04/25 Off Market $930,000 -- --
09/15/2021 09/15/21 Sold $930,000 +3.3% $612 / Sq Ft
08/16/2021 08/16/21 Pending -- -- --
07/18/2021 07/18/21 For Sale $900,000 -12.6% $592 / Sq Ft
07/10/2018 07/10/18 Sold $1,030,000 +15.9% $678 / Sq Ft View Prior Sale
06/20/2018 06/20/18 Pending -- -- --
06/01/2018 06/01/18 For Sale $888,888 -- $585 / Sq Ft
Source: Bay East Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $13,049 $986,922 $493,461 $493,461
2024 $13,049 $967,572 $483,786 $483,786
2023 $12,775 $948,600 $474,300 $474,300
2022 $12,785 $930,000 $465,000 $465,000
2021 $13,194 $968,000 $484,000 $484,000
2020 $12,745 $1,050,600 $525,300 $525,300
2019 $13,730 $1,030,000 $515,000 $515,000
2018 $8,583 $614,103 $307,052 $307,051
2017 $8,449 $602,063 $301,032 $301,031
2016 $7,993 $590,259 $295,130 $295,129
2015 $7,938 $581,393 $290,697 $290,696
2014 $7,313 $570,005 $285,003 $285,002
Source: Public Records

Agents Affiliated with this Home

  • Sonya Shastri

    Seller's Agent in 2021

    Sonya Shastri

    Re/Max Accord

    (925) 997-7653

    1 in this area

    47 Total Sales

    Sonya Shastri
    Section Image

  • O

    Buyer's Agent in 2021

    Out Of Area Non Member

    Bay East Aor

  • M

    Seller's Agent in 2018

    Monique Nickerson

    Fireside Realty

  • H

    Buyer's Agent in 2018

    Heena Joshi

    Compass

    Section Image
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Map

Source: Bay East Association of REALTORS®

MLS Number: 40958737

Bay East Association of REALTORS®

APN: 244-45-119

California Santa Clara County San Jose 95131 North Valley

1361 Marcello Dr, San Jose, CA

Not Listed for Sale

Condos

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